The state of New York recently legalized cannabis in a dramatic move that directly challenges the federal government’s ban on the plant. Governor Andrew Cuomo signed the bill into law on July 24th. The new law allows the use of medical marijuana in the state, with an additional 23 conditions that can be legally treated with cannabis in any concentration that a physician deems appropriate. The bill also legalized the private cultivation of marijuana, though a maximum of 4 ounces at a time for adults 21 and over.
Recreational cannabis is now legal in New York state and it’s time to get these legal pot smokers out on the water. But, how do you get a fishing license? The answer is that you don’t, at least not the way you think. I’ve never been a big fan of the idea of legalizing recreational marijuana. I haven’t used it, nor do I wish to, and I don’t think it’s anything that would improve my quality of life.
The New York State Assembly passed a new law making New York the 21st state to allow the use of marijuana for recreational use. The New York law will go into effect on January 1st, 2018, and will allow adults 21 years and older to possess and consume recreational cannabis in private. Adults will not be allowed to purchase or sell the substance, and it will remain illegal to smoke in public places.. Read more about new york legalization 2020 and let us know what you think.Source: Shutterstock 
New York is now officially the fifteenth US state to allow legal recreational marijuana. After years of trying to get the law passed, New York lawmakers reached an agreement this week that Governor Andrew Cuomo signed. Under the Marijuana Regulation and Taxation Act, individuals 21 and older in New York may now possess up to 3 ounces of cannabis and 24 grams of cannabis concentrate. Outdoor marijuana smoking is now allowed anywhere tobacco is allowed. In New York City, this means that parks, beaches, parkways, playgrounds and outdoor areas will become smoke-free zones. Governor Cuomo, along with several other local legislators, issued a press release to celebrate the bill’s passage. This is a historic day in New York – a day that corrects the mistakes of the past by ending harsh prison sentences, ushering in an industry that grows the Empire State’s economy, and prioritizing marginalized communities so that those most affected can be the first to benefit, Governor Cuomo said. This was one of my top priorities in this year’s state program, and I am proud that these comprehensive reforms address and balance the social justice, safety, and economic impact of legal adult-use cannabis. I thank the leader and speaker, and the tireless speeches of many who helped make this historic day possible. The Bureau of Cannabis Management website is up and running. This agency is responsible for enforcing the legal framework for the supervision of medicinal cannabis and cannabis for adult use. The council will consist of five members, three of whom will be appointed by the governor and one by each chamber.
Market forecasts
This initiative will allow New York City to become one of the largest marijuana markets in the country. Experts predict that cannabis could become a $4.2 billion sector of the state’s economy and create 30,000 to 60,000 entirely new jobs. The state is expected to have a $1.2 billion market already by 2023, generating between $301 million and $427 million in excise and retail taxes in the first two years alone. An analysis of the commercial potential of cannabis legalization in New York City by 2021 shows that residents, tourists and commuters will consume 747,000 pounds of marijuana flowers or the equivalent. This money will go to the New York State Cannabis Revenue Fund. Benefits will primarily cover the costs of implementing the law and administering the program. The funds are then distributed:
- 40% of the remaining income is spent on education
- 40% goes to the Community Grant Reinvestment Fund.
- 20% goes to the Drug Treatment and Public Education Fund.
The state is creating a new tax structure specifically for cannabis. Instead of taxing by weight, New York will tax every milligram of THC at the dealer level, with tax rates varying depending on the type of THC product. The state wholesale excise tax would be 9% and the local excise tax would be 4% of the retail price. Provinces receive 25% of this revenue, the rest goes to the municipality. Under the new law, producers and distributors will have separate licenses, and both will be subject to strict quality control. The state also declares: The Social and Economic Equity Program will provide support to those disproportionately affected by cannabis enforcement, including by seeking to ensure that 50 percent of licenses are awarded to minority- and women-owned businesses, struggling farmers, or disabled veterans, to encourage participation in the industry.
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The signing of the law is only the first step. We have a long way to go before we start growing and selling. The governor does not expect the clinics to open for at least a year. After a certain period of time, the bill would also allow individuals to have a maximum of 3 mature and 3 immature plants when they start growing at home. However, the number of households is limited to 6 mature and 6 immature households. New York City, however, will soon have dedicated consumption areas where cannabis can be consumed in public. The state is also working on a program to deliver cannabis products directly to homes. Local governments will be able to ban the sale of marijuana. Mayors of Long Island beach towns on the border between the state capital and Queens have already said they will not allow marijuana sales in their communities. Some said they were concerned that marijuana is a drug that can cause death. Some parts of the Act come into force immediately. The law will automatically revoke or review the conviction of anyone with a criminal record related to marijuana, which is now considered legal. 94% of cannabis arrests in New York City in 2020 involve blacks or Hispanics. For generations, too many New Yorkers have been unfairly punished for the use and sale of adult-use cannabis through arbitrary arrests and incarceration with harsh minimum sentences. After years of tireless advocacy and extremely hard work, this is coming to an end in New York State, Governor Cuomo said. Legalizing cannabis for adults is not just about creating a new market that creates jobs and benefits the economy. It is also about restoring justice to communities that have long been marginalised and ensuring that those who have been unfairly punished in the past now have a chance to benefit. I look forward to the signing of this bill.
Expansion of medical cannabis
The law also expands access to medical cannabis. Previously, patients were prohibited from smoking cannabis flowers, a less expensive option. Things are changing now. Medicinal cannabis patients can also get a 60-day supply at a time, double the previous limit. It also gives doctors the discretion to recommend the use of medical marijuana for any condition they believe requires the prescription of the drug; previously this was limited to a small number of serious conditions, such as AIDS, cancer and epilepsy. The state also plans to conduct a study to learn more about how to detect and monitor whether people are high behind the wheel. Once the study is complete, the New York State Department of Health says it may introduce new rules and regulations or even approve a new type of test to detect cannabis in the bodies of drivers. Driving under the influence of marijuana is still illegal.New York Governor Andrew Cuomo and New York City Mayor Bill de Blasio have today announced their approval of the Compassionate Care Act, which will make the use of recreational cannabis legal in New York State for individuals 21 years of age or older. The new law also establishes a program for the regulation, distribution, and taxation of cannabis. The Compassionate Care Act will go into effect on January 1st, 2018, meaning that from that day forward, no one will be allowed to buy, sell, or possess any form of cannabis on any private property, public or private, in the State of New York. There will be no public consumption as well, which means that people will be unable to buy, consume, or possess cannabis in public places.. Read more about new york legalization 2021 bill take effect and let us know what you think.
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